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dagen: i am dagen mcdowell. in this opportunity for mitt romney and last night's debate. connell: look at the stock market today. it has been in a tailspin. a bad outlook on the economy. dagen: a bad apple? maybe, maybe not. why the tech giant is pushing ahead with the ipod mini. connell: let's start with the mass of the markets. nicole petallides on the floor of the new york stock exchange. it is ugly down there. nicole: it is indeed. we sell we were breaking key support levels on the dow and s&p. some technical analyst jumping in right away. when i was talking with mark newman, he was looking and saying that the parish trades pull us to the downside for these major averages. on the s&p 500 he was looking at 13,090. talking about the three names that reported without that united technologies and also dupont. you can see these names coming out and not looking too good. as we see these big names coming out, they are giving forecasts. a lot of these s&p 500 companies are giving forecasts and when they have to lower the expectations. whether it is at the top and or bottom and or hav
: thank you. president obama and mitt romney preparing to face off in the third and final presidential debate. the key swing state proves to be a close battle this year. the latest fox news poll shows romney surging and not leading the president. neil cavuto joins us from that very state. hey, neil. neil: hey, dagen. dagen: what will be the focus of the debate tonight? do you think romney will try to move back to, say, domestic issues? you can make it about the american economy and our debt. you can take the middle east and make it about energy supply and our country. neil: i definitely think the economy, he will try to wedge it in. he will constantly pound on the notion that our economic consequences of all this that and everything else have made us and our own security as a compromise did that is something he will likely pound tonight. expect him to leave in their. this pending fiscal cliff, expect to hear a great deal about how that compromises our national security. if i were mitt romney, of course, it would be obvious. even if i were the president, it would be obvious. our own sec
much. >> so president obama and governor romney will be duking it out over their foreign policy in tonight's debate and if you are wondering how it directly impacts you, ask yourself how much you paid the last time you filled up your tank. which candidate is better for your wallet when it comes to energy? here to weigh in t boone pickens, current chairman and ceo of bp capital management and legend in general. boone thank you very much for coming on. we appreciate your time. let's get right to it. whose foreign policy do you think translates to lower energy prices? >> well, foreign policy is as you know -- is an energy policy combined because you're getting oil from opec, 4 1/2 million barrels a day. so which one of the candidates? obama has got it right that we have a lot of natural gas in america, and we should use it. but he talks about it, but he never comes up with a policy. he never has a plan. if you look over at romney, he says that, you know, we have plenty of natural gas. we have other resources, he said. we have more oil and we're adding to our oil production greater
probably will be imminently. if romney gets in there they wait until they pick someone else to be there for a couple more months until her term ends in early next year. when that term ends it's going to be without one of biggest issues being dealt with and that this bizarre -- people out there, average people should know, when you buy and trade a stock the price you get is not reflective of something that occurred on the new york stock exchange or nasdaq or some transparent market. it could have been goldman sachs making that trade. credit suisse, black pools, is what these things are known. this is trading desk where they can actually acts as a market. it is kind of scary. maybe that is a good thing. maybe that competition is good. she did not explain, she has not explained that. still hasn't explained why it is good. lori: we'll talk more about this. >> you look --. lori: i look rushed. melissa is in california. i've got you here. adam in north california. a lot of moving parts. you bring it as always. that is great story. i want to get into more about spa peer row and her
will top the $1 billion mark. resident obama and mitt romney storming the campaign trail raising a billion dollars a piece. how is that possible in such a lousy economy? we talk strategy and how they may spend that money, the remainder of it with monica crowley. apple's disappointment. the ceo blaming the rumor mill for killing ipad sales. could this man be our next treasury secretary? stanford professor john taylor on how to balance our nation's books. the economy in the third quarter growing just slightly better than expected, arriving at a 2% annual rate. that was up from second-quarter growth from 1.3%. how are investors reacting to that? stocks now and every 15 minutes. nicole petallides at the new york stock exchange. nicole: good morning, everybody. when you look more closely into the number and then maybe people have been doing exactly that and that is why we have a negative number here on wall street for the dow jones industrials. this gain came from americans using their own income, buying products and services. that is not the case. the formula is comprised of several factors, o
to problems like this. dagen: speaking of ohio with mitt romney shifting the subject a bit o but something connell is interested in, mitt romney saying china, current simulation, it was clearly a direct appeal to ohio. but you say it is a mistake. >> i think he is backing himself into a box. like the dog that caught the bus if he calls in a currency manipulator. what does he do on day two. why would you a down economy, this is another issue that isn't getting too much attention. if the economy is bad as people think, mitt romney will have a huge job when he takes over. the last thing he needs any kind of trade problems with china because their economy is already going into decline as well. it would be a huge mistake, i think. connell: but first he has to win. you have the auto bailout, we bailed out you guys, you have to vote for me. he goes to china and the other big issue obviously is libya and benghazi. does that fade away or become a bigger and bigger issue as we get closer? >> thing the president has finally delivered the credibility gap on this, something the president does not want
will not be seeking a third round. at this point, the writing seems to be on the wall if romney wins. our next guest says they are facing a dangerous monetary policy cliff. monetary policy? if romney wins, they say he is out. if obama wins, he is still out. if bernanke is out, what happens to the markets, axel? >> they all want to move away from an inflation target towards an -- target. if we get a republican administration, what that means is we will test bernanke's hypothesis that rates can be raised. what does that mean? we have so much leverage in the economy. it means that interest rates will go up. that means we will face major headwinds in the economy. what that means, also, we will go right back into recession. we will have to lower interest rates again. we have a very volatile. ahead. look at europe. europe cannot afford high interest rates. we have the same, if not worse problems ahead. connell: it sound like you are challenging the assertion if romney wins it is good for the market and the economy. you are saying that it is just not that simple. you are saying it is not that simple, it is
believe ben bernanke will quit or not people are pricing him the profitability of a romney victory. why is that significant? mainly because it leaves less quantitative easing, stronger dollar policy and stronger dollar policy is one reason commodities are getting crushed the last couple days. lori: fewer dollars to make up the price of the oil. very simple, thank you so much. we have breaking news. bank of america is being sued by the justice department for $1 million for mortgage fraud, for losses at fannie mae and freddie mac. here to explain his liz macdonald. liz: the first time the department of justice has brought a suit of this time to recover losses against fannie mae and freddie mac. let's get to the details. here's what the manhattan u.s. attorney's saying about this lawsuit against bank of america having to do with countrywide loans. reckless mortgage practices spectacularly brazen and taxpayers have the bill. the department of justice basically seeking maximum damage and penalties over a loan program run by countrywide. countrywide originated $1.3 trillion of mortgages betwe
's presidential campaign is on track to be the most expensive in history. president obama and mitt romney have raised a combined $1.7 billion so far according to fundraising reports. now that price tag jumps over $2 billion. if you add donations to the super-pac and nonprofit groups that run election related ads, they can expect to see the front of the spending as they continue to get blitzed with phone calls, even a door to door knocking campaign. speaking of political fundraising, charlie gasparino is down in texas at a barbecue fundraiser. doesn't sound like a normal place you'd see him hanging out. something tells from his travel down south rubbing shoulders with financial highfliers. charlie, are you wearing a cowboy hat? >> i'm actually wearing a new york yankees baseball cap. it was quite an event. people don't realize this, dell is a major home the financial services industry. the major firm has offices down here. one of the guys is that they can be financial crisis, there is a good play. pretty good numbers at the fundraiser, barbecue is actually pretty good. the financial types are l
. the former secretary of state said the country should stay on the obama track calling mitt romney's foreign policy a moving target. he endorsed then senator obama during the 2008 campaign. >>> house intel committee chairman mike rogers told fox news he believes the september 14th attack on our embassy in tunisia was the work of ansar al-sharia. michigan congressman believes the al qaeda affiliate was trying to take advantage of the september 11th attack on the u.s. consulate in benghazi that left our ambassador to libya and three other americans dead. >>> and the san francisco giants happy to report beat detroit 8-3 last night. taking guile one of the worll series. giants third baseman pablo sandoval hit a world series, record-tying three home runs helping san francisco cruise to victory. quite a game, first pitch for game 2, tonight, 8:07 eastern on fox. that's your fox news minute. i'm jamie colby. back to ashley and tracy. you guys probably didn't know i'm such a sports fan? ashley: i did not know that but we do now. very impressive. i know who to go to for the scores. ashley: every day.
Search Results 0 to 9 of about 10